HS Code 2924.23.10.00

🤖 AI Analysis

HS Code 2924.23.10.00 refers to 2-Acetamidobenzoic acid, a chemical compound typically used in the pharmaceutical and chemical industries. This compound often serves as an intermediate in the synthesis of various drugs and can also be found in the production of certain agrochemicals. With a general duty rate of 6.5%, US importers should be mindful of the tariff implications when importing this product, as it may affect the overall cost structure and pricing strategy. Understanding this classification is crucial for compliance with customs regulations and for accurately forecasting import expenses, which can impact profit margins in competitive markets.

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